Informed Intelligence
GATI
Highly Delivered
BSE Code: 532345
CMP: Rs 68
If we go by the previous performance of the company, it has performed quite well for the past three quarters. Their better performance has been reflected in the prices too. But some steam is still left in the stock as per the market participants. The stock has witnessed a bit of consolidation in the earlier period. Market sources suggests that the stock may witness good appreciation in short term as some big market participants are taking keen interest in the company. One can look at the stock for short term perspective.
TITAN COMPANY
Wait and Watch
BSE Code: 500114
CMP: Rs 222
The stock according to market sources is likely to witness better northward move in the coming days. There has been a strong buzz that the company may come out with an announcement that may induce positive sentiments in the stock. A cartel of HNI’s has been tracking the stock closely and on the same time has created long positions on the stock. There is buying witnessed among the institutional players according to a dealer in a leading broking house. One may look at the stock for some short term gains.
TATA CHEMICALS
Mixing it well
BSE Code: 500770
CMP: Rs 259
If we go by the movement of the counter it has seen volumes that are clearly on the upper side and the price movement of the stock is also witnessing northward journey. According to market sources the stock is likely to witness more buying in the short term, as one of the largest domestic broking house having presence in both retail and institution side is pitching high on the stock and is marketing it all out. Some big HNI’s have already taken good positions in the stock and are in no mood of selling it on an intraday trading. One can look at the stock for a short term trading perspective.
SHOPPERS’ STOP
A Short term shop
BSE Code: 532638
CMP: Rs 380
Market sources suggest that the company may observe good upward move in the near term. Good investment buying is also happening in the stocks by big market participants as some good volumes is witnessed in the stock that has surpassed two week average volumes. There is a buzz going around in the market that the company may come out with some investor rewarding announcement in the near future. The stock can be looked at for a short term trading gain.